Country: Asia Pacific Page 322 / 490
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- November 25 2019
MS Amlin hit won’t dampen MS&AD’s overseas growth
A reorganisation of its international arm is aiming to streamline decision making.
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- November 25 2019
Indonesia unveils US$770m nat cat protection programme
The government has struck a deal with 56 re/insurers in a move to privatise catastrophe risk.
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- November 25 2019
Australia releases aid as bushfire claims hit US$100m
A community recovery package includes grants for SMEs and farmers.
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- November 25 2019
ANZ and Westpac are latest bank majors to be hit with CCI lawsuits
Class action suits follow NAB’s settlement of US$33.7m over junk insurance policies.
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- November 22 2019
Ng Keng Hooi to leave AIA; Ping An exec to succeed
Ping An's Lee Yuan Siong to become AIA's group CEO next year.
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- November 22 2019
Chubb ups stake in China’s Huatai: report
The US insurer is another step closer to gaining control.
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- November 22 2019
Fubon Life eyes US$500m Alibaba investment
The investment would be the Taiwan life giant's second in the Chinese e-commerce player.
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- November 22 2019
Aspen Re confirms Lloyd’s China office closure
The reinsurer is streamlining its operations under CEO Mark Cloutier.
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- November 21 2019
Beazley appoints Asia Pacific M&A underwriter
Jade Cummings joins from McAfee and is to underwrite regional risks.
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- November 21 2019
Catastrophic bushfires spread to south Australia
The severe bushfire season has intensified and summer hasn't even begun.
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- November 21 2019
IAG buys motor repair specialist
The Australian giant's move should help speed up claims.
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- November 21 2019
3 Japan majors face US$8bn combined typhoon bill
S&P estimates the total payout from typhoons Faxai and Hagibis could reach US$18bn.
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- November 21 2019
Aviva agrees stake sale in Hong Kong’s Blue
The UK insurer will exit the JV and is in talks over its Indonesia and Vietnam operations.
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- November 20 2019
Is Lloyd’s 20th year in Singapore a turning point?
Market sentiment at SIRC 2019 shows collaboration and growth on the agenda.
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- November 20 2019
Sally Cheung to swap Navigators for Berkley Asia
Casualty manager Joby Lau is also set to leave Berkley's Hong Kong operation.
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- November 20 2019
MS&AD’s H1 profit up 253% despite MS Amlin hit
Specialty arm books a US$1.6bn write-down and to be split after reorganisation.
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- November 20 2019
SBI Life’s shares drop after Carlyle stake sale
The private equity group has sold a 3.1% stake.
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- November 19 2019
Lockton launches APAC transactional risk division
The US broker has made several senior hires to complement a global M&A team.
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- November 19 2019
Aviva to keep China and Singapore units
The UK major could still sell its operations in Hong Kong, Indonesia and Vietnam.
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- November 19 2019
Australia’s PSC buys another Lloyd’s broker
The deal for Carroll Insurance Group follows the acquisition of Paragon International.